Wednesday 7 September 2011

Debt: The Forgiveness Fix

In America’s unenlightened past, men who couldn’t pay their debts were imprisoned. Languishing behind bars deprived them of any chance to repay their creditors, so the practice was stupid as well as cruel. During college, I came upon a trove of heartrending petitions to the Connecticut General ...

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  • Debt: The Forgiveness Fix


  • Debt: The Forgiveness Fix For overburdened countries and consumers alike, erasing unpayable debt is a necessary step toward renewed growth
  • Debt: The Forgiveness Fix


  • There’s a precedent for debt forgiveness. In the early 19th century, bankruptcy codes began to replace debtors’ prisons, giving people a welcome chance ...

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